Defensive Stock

英文名称：Defensive Stock 中文名称：防御性股票
"指风险比市场整体水平低的股票，其贝塔系数（贝塔系数描述风险程度大小）较低，能够抵抗大盘下跌，具有防御功能。例如食品、零售和共用事业等非周期性类股多属于防御性股票，这些公司在经济周期中一般波动较小，未来业绩预期稳定，持续成长性强。 eb1619e81e59668d2db8098284f6daa5
e.g. The two Duff & Phelps Investment Management Co. portfolio managers, who are in charge of the $60 million Phoenix Global Utilities Fund, have spent a collective 35 years scouring the telecom and electricity sectors across the globe for good defensive stocks with strong fundamentals."